---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-008026"
form_type: "8-K"
ticker: null
cik: "0001829966"
company_name: "EBET, Inc."
filed_at: "2022-11-23T23:59:59+00:00"
generated_at: "2026-06-21T13:33:09.013671+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EBET receives Nasdaq delisting notice; auditor changed from PWR to BF Borgers

## Summary
- Nasdaq deficiency letter received Nov 29, 2021 for bid price below $1; compliance deadline May 22, 2023.
- If not compliant by May 2023, may get second 180-day period or face delisting; may consider reverse stock split.
- On Nov 21, 2022, Audit Committee dismissed PWR CPA as independent auditor; no disagreements.
- Appointed BF Borgers CPA as new auditor for FY2022; PWR's prior reports included going concern emphasis.

## SEC filing metadata
- accession: 0001683168-22-008026
- form_type: 8-K
- cik: 0001829966
- company_name: EBET, Inc.
- filed_at: 2022-11-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829966/000168316822008026/0001683168-22-008026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829966/000168316822008026/ebet_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-008026
- JSON: https://secwatch.observer/filing/0001683168-22-008026.json
- Plain text: https://secwatch.observer/filing/0001683168-22-008026.txt

## Key facts
- Auditor Changes
  EBET, Inc. engaged BF Borgers CPA, PC as its auditor.
  - Action: engagement
  - Auditor: BF Borgers CPA, PC
  source text: On November 21, 2022, the Audit Committee approved the appointment of BF Borgers CPA, PC (“BF Borgers”) as the Company’s independent registered public accounting firm for the fiscal year ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829966/000168316822008026/0001683168-22-008026-index.htm
- Auditor Changes
  EBET, Inc. dismissed PWR CPA, LLP as its auditor.
  - Action: dismissal
  - Auditor: PWR CPA, LLP
  - Successor: BF Borgers CPA, PC
  source text: On November 21, 2022, the Audit Committee of the Board of Directors (the “Audit Committee”) of the Company dismissed PWR CPA, LLP (“PWR”) as its independent registered public accounting firm, effective as of such date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829966/000168316822008026/0001683168-22-008026-index.htm
- Listing & Compliance Notices
  EBET, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: November 29, 2021, EBET, Inc. (the “Company”) received a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that for the last 30 consecutive business days the bid price for the Company’s common stock had closed below the minimum $1.00 per share requirement for continued inclusion on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). The deficiency letter does not result in the immediate delisting of the Company’s common stock from the Nasdaq Capital Market. In accordanc
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829966/000168316822008026/0001683168-22-008026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.